ACBA-CREDIT AGRICOLE BANK launches third organic agriculture development program

YEREVAN, July 25. /ARKA/. Armenia-based ACBA-CREDIT AGRICOLE BANK together with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, launched July 24 the third free program called “Development of Organic Agriculture”.

As part of the program, a competition has been designed for farmers. The winners will get financial assistance from the bank and NABU to claim certificates of organic producers and significantly expand their production possibilities, increase the added value and exports.

To participate in the program running in 2017 and 2018, all interested economic entities should download an application form from the bank’s official website at https://www.acba.am/uploaded/NabuOrganic filling_form.pdf , fill it and send to [email protected]. The deadline is October 1.

This joint program was lunched in 2015 to promote the development of organic agriculture and encourage local farmers. As part of the program, 10 campaigns have already been certified, which successfully represent their products abroad.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK.-0-

spot_img

POPULAR

Grant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank

Converse Bank CJSC announces the appointment of Grant Akopian as Chief Executive Officer and Chairman of  the Management Board of the Bank.

Euro and dollar exchange rates fall against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 15, 2026, decreased by 0.71 points compared to April 14, to 374.48 drams.

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Byblos Bank Armenia joins FinTech Armenia as Founding Member

Byblos Bank Armenia has joined FinTech Armenia Association as a Founding Member, marking a significant milestone in the Bank’s ongoing efforts to drive digital transformation and innovation within the financial sector.

IMF Improves Armenia’s GDP Growth Forecast to 5.3% in 2026

The International Monetary Fund (IMF) forecasts real GDP growth for Armenia at 5.3% in 2026 and 5.5% in 2027, according to the April World Economic Outlook, published on April 14.

LATEST NEWS

spot_imgspot_imgspot_img